Denver Metro Luxury Market Update: October 2026

The tiers below are cumulative. Figures for $2 million and up include homes at $3 million and above. Figures for $1 million and up include both of those groups. Each column is October 2026, then September 2026, then October 2025.

Fewer sales, and the ones that sold went faster

Homes at $1 million and up closed 482 sales in October 2026, compared with 500 in September and 613 in October 2025. That is a 21% drop from a year earlier. The median time in the MLS was 18 days, down from 20 days in September and 33 days in October 2025.

Those sales closed at 97.9% of the list price. September was 98.0%, and October 2025 was 97.6%. The median price was $1,362,000, next to $1,384,800 in September and $1,350,000 a year earlier. The average price was $1,644,173, compared with $1,666,716 and $1,673,429.

The median price per square foot was $368, up from $354 in October 2025. That is a 4% increase from a year earlier. September was $365. New listings were 698, active listings were 2,459, and months of supply were 4.3. A year earlier those figures were 721 new listings, 2,719 active listings, and 4.7 months of supply.

$2 million and up

Homes at $2 million and above, which include the $3 million sales, closed 89 in October, 106 in September, and 124 in October 2025. The median price was $2,700,000. The median price per square foot was $531, compared with $532 in September and $526 a year earlier. Median days in the MLS were 17, down from 39 a year earlier. Close-to-list was 97.1%, next to 97.0% and 97.0%. New listings were 184, active listings were 797, and months of supply were 6.8.

At $3 million and up, sold homes went in 10 days

Homes at $3 million and above closed 30 sales. The median days in the MLS were 10, and the median sale closed at 97.8% of the list price. In September those figures were 37 closings, 37 days, and 96.0% of list. In October 2025 they were 42 closings, 22 days, and 96.5% of list.

The median price was $3,500,000, compared with $3,740,000 in September and $4,000,000 in October 2025. Median price per square foot was $622, next to $600 in September and $633 a year earlier. Active listings were 389. New listings were 89, up from 68 a year earlier, a 31% increase. Months of supply were 9.5. With more new listings than last October and 9.5 months of supply, this end of the market favors buyers who are ready.

For sellers

At $1 million and up, the homes that sold left the MLS in a median of 18 days and closed at 97.9% of the list price. Closings were still well below last October, 482 against 613.

At $3 million and up, 89 homes were newly listed and 30 closed. Supply stands at 9.5 months. Sellers in that tier are listing into a wider set of choices than the $1 million tier, where supply is 4.3 months. The homes that did sell at $3 million and up went in a median of 10 days, at 97.8% of list.

For buyers

At $1 million and up, supply is 4.3 months and the median days in the MLS are shorter than a year ago, 18 against 33. Active listings are 2,459, down from 2,719 in October 2025.

At $3 million and up, new listings are higher than last October and supply is 9.5 months, so a buyer who is ready has more fresh listings to consider. Sales that closed still did so at 97.8% of the list price. Between those tiers, homes at $2 million and up had 6.8 months of supply, a median of 17 days in the MLS, and a close-to-list ratio of 97.1%.

Methodology

Close-to-list is the sale price as a share of the list price. Days in the MLS, prices, price per square foot, listing counts, and months of supply are the medians or totals reported for each price tier. The $2 million tier includes the $3 million tier. The $1 million tier includes both.

Source: REcolorado InfoSparks, Denver Metro Association of REALTORS area, all property types, data pulled November 2, 2026. Information deemed reliable but not guaranteed. Figures are aggregate and may change as data is updated.